KUALA LUMPUR: Malaysia’s October exports rose 18.9% from a year earlier, snapping a two-month streak of slowing annual growth on the back of higher demand for manufactured and mining goods. Export growth was above the 18.5% rise forecast by a Reuters poll, and up from September’s 14.8% growth. Malaysia has seen double-digit growth in exports for […]
Read MorePETALING JAYA: The Malaysian equities’ outlook is expected to be less promising post-14th general election (GE14), according to UOB Kay Hian Malaysia Research. However, equities on Bursa Malaysia are likely to outperform in the first quarter of 2018 (Q1’18), amid the anticipation of a general election, firm domestic economic indicators and ample global and domestic […]
Read MorePETALING JAYA: Malaysia can be the window for China to penetrate the huge market of e-commerce activity in Asean, says Minister in the Prime Minister’s Department Datuk Seri Dr Wee Ka Siong. He said Malaysia’s digital economy formed a substantial part of the national economy and was expected to contribute more than 20% of GDP […]
Read MoreSEBERANG JAYA, Dec 4: Malaysian Industrial Development Finance Bhd (MIDF) will continue supporting local small and medium enterprises (SMEs) on their journey towards the Industry 4.0 in approving RM2.1 billion under the Soft Loan Scheme for Automation and Modernation (SLSAM). Deputy Minister of International Trade and Industry, Datuk Chua Tee Yong said the federal government had […]
Read MoreMalindo Air, a Malaysian low-cost carrier, launched daily flights from Kuala Lumpur to Phnom Penh on December 1. The new route, which will have a seating capacity of nearly 200, is expected to strengthen the tourism sectors in both Cambodia and Malaysia. According to a Facebook post on the Malindo Air page in late June, […]
Read MoreIN the wake of weaker business conditions and consumer sentiment, coupled with a decline in manufacturing data, there are concerns that Malaysia’s recent strong economic growth may not be sustained. “Domestic demand has been lifting growth. Despite falling business conditions and consumer sentiment in the third quarter, Malaysians continue to spend and invest. “This lead […]
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